Which of the Following Reads the Magnetic Stripe on the Back

question 18

Multiple Choice

Which of the following reads the magnetic stripe on the back of credit cards, entertainment cards, bank cards, and other similar cards?

• A)MICR reader
• B)magstripe reader
• C)OCR reader
• D)OMR reader

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Definitions:

Analysis

The detailed examination of elements or structure of something, typically as a basis for discussion or interpretation.

Investigation

The process of inquiring, analyzing, and researching to gather facts and information about a specific subject or activity.

Business Case

A documented argument or rationale for initiating a project or task, outlining the benefits, costs, and risks.

Breakeven Analysis

Breakeven analysis is a financial evaluation to determine the point at which a business, product, or service becomes profitable, balancing costs with revenue.